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Mike Rounds

SEC Chair Paul Atkins, arrives to testify before the Senate Banking, Housing, and Urban Affairs Committee on Feb. 12, 2026. (Bill Clark/CQ-Roll Call, Inc via Getty Images)

SEC chair considers ‘innovation exemption’ for in-house AI testing

Paul Atkins told lawmakers he’s eyeing a “sandbox-like environment” for entrepreneurs. The idea seems to align with a bipartisan Senate bill and the White House’s AI Action…
Sen. Martin Heinrich, D-N.M., listens as Sen. Mike Rounds, R-S.D., speaks during a news conference at the Capitol on May 15, 2024 in Washington, D.C. (Photo by Kent Nishimura/Getty Images)

Lawmakers take another shot at NSF-run prizes for using AI to solve problems

The bipartisan, bicameral AI Grand Challenges Act would task NSF with overseeing $1 million competitions where innovators use AI to solve problems in health, energy, cyber and…
Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs in the Dirksen Senate Office Building on Feb. 5, 2026 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Treasury pushing for ‘robust’ use of AI in banking, but in a ‘gradual’ way

Secretary Scott Bessent said there’s still “a great amount of learning to do” on AI during a pair of Hill appearances this week about FSOC’s annual report…
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U.S. Sen. Todd Young, R-Ind., Majority Leader Chuck Schumer, D, N.Y., and Sen. Mike Rounds, R-S.D., speak to reporters following a Senate Forum on Artificial Intelligence in the Russell Senate Office Building on October 24, 2023 in Washington, DC. (Photo by Anna Rose Layden/Getty Images)

Government AI funding among priorities in Senate working group roadmap

The roadmap for artificial intelligence policy encourages the executive branch and appropriators to support $32 billion in annual innovation funding.
U.S. Sen. Todd Young, R-Ind., Majority Leader Chuck Schumer, D, N.Y., and Sen. Mike Rounds, R-S.D., speak to reporters following a Senate Forum on Artificial Intelligence in the Russell Senate Office Building on October 24, 2023 in Washington, DC. (Photo by Anna Rose Layden/Getty Images)

Sen. Chuck Schumer’s second AI Insight Forum covers increased R&D funding, immigration challenges and safeguards

Dozens of top AI minds and Senate leaders came together to discuss and debate how the federal government can ensure the U.S. remains a leader in AI…
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